But that idea was assailed by most other accounting firms, which defend the current self-regulatory system.

That is what the self-regulatory system is about.

Witherow says it is possible to produce a "tougher self-regulatory system" that deals with many of the issues brought to the surface by the Leveson inquiry.

This is false - there are very many more than 15 firms outside of the self-regulatory system - and thousands more unregistered in-house lobbyists.

Caplan says all newspapers must be part of a self-regulatory system if it is to work.

Ideal versus ought predilections for approach and avoidance: Distinct self-regulatory systems.

The New York Stock Exchange announced yesterday that it had set up a committee to determine whether its self-regulatory system needs to be changed.

The self-regulatory system includes the following investigative, enforcement and appellate units:

The ideal self-regulatory system focuses on the presence or absence of positive outcomes (e.g., love provided or withdrawn).

The actual/ought self-regulatory system responds through avoidance.